FORK 1003 Preparatory course in Mathematics, Economics, and Econometrics

FORK 1003 Preparatory course in Mathematics, Economics, and Econometrics

Course code: 
FORK 1003
Department: 
Economics
Credits: 
0
Course coordinator: 
Eivind Eriksen
Course name in Norwegian: 
Preparatory course in Mathematics, Economics, and Econometrics
Product category: 
Master
Portfolio: 
Master - Preparatory course
Semester: 
2021 Autumn
Active status: 
Active
Level of study: 
Master
Teaching language: 
English
Course type: 
One semester
Introduction

The students are given a brief overview over key topics in mathematics, economics, and econometrics. This overview is meant to assist the students in the transfer from the undergraduate to the graduate level.

Learning outcomes - Knowledge

After completing the course, the student will have knowledge of mathematics (linear systems and matrix methods, functions in one variable, derivation, integration, optimization), econometrics (regression analysis, instrumental variable methods), and economics at an undergraduate level,

Learning outcomes - Skills

After completing the course, the student will be able to use models, and analyze and solve problems, within the selected topics. 

General Competence

Not applicable. 

Course content

The main topics are:

  • mathematics (linear systems and matrix methods, calculus, optimization)
  • econometrics (regression analysis, instrumental variable methods),
  • economics (examples of possible topics are: consumer theory including preferences and demand functions, theory of the firm including cost concepts and supply, market theory and market forms including duopoly, market failure, dead weight, main concepts of game theory, Solow growth model)
Teaching and learning activities
  • Mathematics (18 hours, will be taught before economics)   
  • Econometrics (12 hours)
  • Economics (15 hours)

During the course students will be presented with assignments and exercises.

Software tools
No specified computer-based tools are required.
Qualifications

All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have spesific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.

Covid-19 

Due to the Covid-19 pandemic, there may be deviations in teaching and learning activities as well as exams, compared with what is described in this course description.

Teaching 

Information about what is taught on campus and other digital forms will be presented with the lecture plan before the start of the course each semester.

Type of Assessment: 
None
Total weight: 
0
Sum workload: 
0

Text for 0 credits